Are the additional funds provided by commitment management to the first year available for expenditure?
Yes, the amount provided is available for expenditure. However, the financial resources provided and committed to a project need to be carefully managed consistent with your institution’s policies. The approved project should continue to be pursued in a manner and timing consistent with what was requested and approved, so that sufficient funds remain available at the end of the project. • Can commitment management result in rebudgeting that will require the prior approval of NIGMS? Generally, no. There are currently no specific dollar thresholds for rebudgeting that require NIGMS prior approval (See NIH Grants Policy Statement http://grants.nih.gov/grants/policy/nihgps_2001/part_iia_5.htm). While significant rebudgeting can be an indicator of a change in scope, which requires prior approval, the modest amount of funds associated with commitment management is well below the threshold of significant rebudgeting. • It is likely that commitment management will result in unspent balances un
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